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Figuring out your investment style

a man with fifty or so credit cards and their reaction to seeing so many that the man must be rich, it actually occurred to me that it was the opposite of that. That man must be so poor. A rich man doesn't need the trappings of credit cards to buy what he needs and is not faced by fifty separate payments a month, but it doesn't take a lot of savvy to realize the weight that the individual puts upon themselves by using so many.

Credit cards can work for you. They can actually give you up to 30 days interest free credit, if you pay the whole amount at the end of the month, though the credit card person looks beyond this obvious advantage and finds themselves trapped by clever marketing skills, and the need to have everything now, rather than wait for it. This works against them in many ways because it means they don't have money for all those necessities and certainly cannot plan their future, as the payments they have to make each month mean there is nothing left in the pot.

THE WASTER

Have you ever looked at the amount that consumers waste ? In a world where equality isn't a viable aspect to life, at one side of the globe there are children dying of malnutrition. On the other, there are people that are throwing away food, clothing, possessions that are no longer wanted. When you decide the dinner doesn't taste that good and scrape the plate into the bin, does it ever occur to you that with that amount of food, a person in a far off country could live instead of die ?

We waste, and individuals that waste too much find that it becomes habit forming. Their investment style hits the waste bin and there isn't enough left to think of future. If you fall amongst those that are wasters, changing the habits of a lifetime and asking yourself whether that supermarket basket is filled with items you really do not need is a good way to go forward and invest in habits that allow you a little extra to save for future.

These same people are quick to admit they are short of money though if you examine the contents of a supermarket trolley even if it is not your own, what is demonstrated often is the element of waste in society that holds people back and makes them poorer than they need to be. Gone are the values of home cooking in favor of packets that cost ten times more, and in becoming a waster, those that fall into this category are also the cause of their own lack of investment and lack of money.

THE POOR PEOPLE

Poor people invest in now. They have trouble stretching the finances


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